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Halls of Shrewd'm / US Policy❤
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Author: Dope1   😊 😞
Number: of 48490 
Subject: Bidenomics, baby!
Date: 10/13/2023 6:40 PM
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Aka kRuGMaN nAIlS it.

https://twitter.com/paulkrugman/status/17124943170...
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Author: Lapsody ⎊🐝  😊 😞
Number: of 48490 
Subject: Re: Bidenomics, baby!
Date: 10/14/2023 1:10 AM
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Paul Krugman @paulkrugman
I was too flip here. I've been using this particular measure for a while, so want to be consistent. But it has flaws (medical insurance too optimistic). But almost every measure now <3 percent. 1/
When you look at the whole distribution, we do seem quite close to prepandemic inflation 2/
https://twitter.com/paulkrugman/status/17127561336...
And PCE inflation, which doesn't share the same flaws, showing us closing in on 2 percent. E.g. 3/
https://twitter.com/paulkrugman/status/17127566044...
People have been reluctant to call this. But the data really want to tell us that inflation has very nearly normalized 4/
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